Brookdale Merger Blasts Open Divide Between Large, Small Providers

A mega-corporation will form through the planned merger of Brookdale Senior Living and Emeritus, and while both entities expect to achieve significant efficiencies, senior living stakeholders say the challenge will be maintaining operational excellence. The merger will create a senior living giant that further divides the industry into two distinct models: the smaller, regional players […]

AEW Buys Balfour Senior Living Portfolio for $104 Million

Colorado-based Balfour Senior Living is paring down some of the ownership of its senior living portfolio in an effort to return investments to its partners. In a deal valued at $104 million, Boston-based AEW Capital Management L.P. has purchased a portfolio of three senior living communities from Louisville, Colo.-based Balfour. The agreement marks yet another […]

In the Pipeline: Senior Housing Construction Projects (3/27/13)

Construction: Planned United Properties Proposes $10 Million Senior Co-Housing Project A proposal for a $10 million senior housing cooperative is generating buzz from the Anoka City Council, ABC Newspapers reports.  United Properties expressed interest in establishing one of its Applewood Pointe developments on the corner of Second Avenue and Harrison Street in Anoka, Minnesota.  The […]